Espanyol owner plans long-term stay even if club are relegated

Espanyol president Chen Yanseng will remain at the club beyond this season even if the club are relegated, according to Marca.

Indeed, the report states that the Chinese owner has already instructed the club to have a plan in case they are demoted from La Liga this campaign.

It stresses that the Catalan club remain confident of their ability to maintain their top-flight status, even if they do remain in the relegation zone despite Sunday’s 1-0 win at home to fellow strugglers Real Mallorca.

January signing Raul de Tomas – who cost the club €20m from Benfica – has been in fine form and the weekend saw him score in his fifth successive match.

The report adds that 11 first-team players are out of contract at the club this summer and that would free up significant finances to allow them to reinvest without losing players they wish to retain.

Additionally, it is said that due to the club’s lengthy stay in La Liga – they have been in the division uninterrupted since 1994, they will be in a financial strong position alongside the increase in recent TV revenues.

Marca say: “the economic muscle would allow Espanyol to be strong in the Segunda and would not jeopardize the viability of the club.”